AirBaltic Training Hits Major Milestone with Thirteen Percent Growth, EUR 5.5 Million in Revenue, and Strong Profit Growth

Published on April 16, 2025

airBaltic Training, the aviation training arm of Latvia’s national carrier airBaltic, has revealed its performance results for 2024, showcasing significant growth in training activities, service expansion, and revenue. The company achieved nearly EUR 5.5 million in operating revenue last year, marking a 13% year-on-year increase. Additionally, airBaltic Training reported a positive financial outcome, closing 2024 with a profit of approximately EUR 190 thousand.

Vilmantas Vaclovas Mažonas, CEO of airBaltic Training: “2024 was a confident and successful year for us. We set records in pilot and simulator training, expanded our maintenance and technical education programs, and further strengthened our role as a leading training center in the region. The airBaltic Pilot Academy – and in the future, also the Technical Academy – serve as a cornerstone of our long-term growth. Their successful operation is already delivering tangible results and will continue to play a vital role in advancing airBaltic’s overall growth strategy.”

In 2024, airBaltic Training achieved significant milestones, training over 120 pilot students using its fleet of 10 certified aircraft, including nine Diamond DA40s and one Diamond DA42. The program reached a new record for initial flight training, logging nearly 7,900 flight hours, reflecting an 80% increase from the previous year.

Moreover, full-flight simulator training saw an impressive surge, reaching 5,800 hours, setting a new benchmark. A key achievement was the installation and certification of a second Airbus A220 full-flight simulator at the airBaltic Training Center. This enhancement greatly increased capacity, allowing airBaltic to cater to both its own pilots and external clients. This strategic expansion aligns with airBaltic’s fleet growth plans, with 50 Airbus A220-300 aircraft currently in operation and projections to expand to 100 by 2030.

As of 2024, the airBaltic Pilot Academy is home to 163 active students. While most are from the Baltic region, the academy also attracts students from across Europe, including Denmark, Germany, France, Finland, Spain, and Italy. Female representation comprises more than 10% of the student body. Of the graduates, 131 have already joined airBaltic’s workforce.

In another major development, airBaltic Training launched the airBaltic Technical Academy in 2024, marking a new initiative to nurture the next generation of aircraft maintenance professionals. In collaboration with Riga Technical University, Liepāja State Technical School, and its own Mechanics Program, the academy offers specialized training programs. Students benefit from free education, opportunities to work while studying, and guaranteed employment. The goal is to produce around 70 trained professionals annually, with a target of 400 by 2030 to support airBaltic’s expanding fleet.

Additionally, airBaltic Training significantly enhanced its PART-147 certified maintenance training program, delivering 45% more courses year-on-year. The company also expanded its entry-level programs for aspiring maintenance professionals. Collaborations with Liepāja State Technical School continued to thrive, with 65 new students enrolling in September 2024 for its aviation mechanics program.